2023 UAH to SEK Historical Review

YEARLY HIGH

0.3083 SEK

YEARLY LOW

0.2610 SEK

YEARLY AVERAGE

0.2884 SEK

2023 UAH to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.3083. Conversely, the yearly low was recorded on December 28, dropping to 0.2610.

This high-to-low spread represents a total annual volatility of 0.0474 SEK. From a start-to-finish perspective, comparing the January average rate of 0.2827 to the December average rate of 0.2755, the exchange rate registered a net change of -2.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3083 was down 14.21% compared to the 2022 peak of 0.3594, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 UAH based on timing:

Yearly Peak High 1,542 SEK

2022 Average 1,562 SEK

Yearly Trough Low 1,305 SEK

Transaction Impact: A difference of 236.80 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3047

0.2728

JanuMarcMayJulySeptNove

UAH to SEK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.2848, compared to 0.2921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.2848

H2 Avg (Jul–Dec) 0.2921

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0250 SEK (High: 0.2860 / Low: 0.2610). On the other end, September was the most stable month, with a tight range of 0.0080 SEK (High: 0.3030 / Low: 0.2950).

December Spread (Volatile) ±0.0250

September Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0201 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3020) against the same month in 2022 (average: 0.3016), the exchange rate shifted by +0.0004 (+0.13%).

2023 Avg (October) 0.3020

2022 Avg (October) 0.3016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2906	0.2765	0.2827
February	0.2889	0.2792	0.2841
March	0.2922	0.2789	0.2852
April	0.2867	0.2780	0.2811
May	0.2947	0.2747	0.2841
June	0.2954	0.2870	0.2914
July	0.2966	0.2763	0.2858
August	0.2994	0.2861	0.2935
September	0.3030	0.2950	0.3005
October	0.3083	0.2953	0.3020
November	0.3073	0.2838	0.2956
December	0.2860	0.2610	0.2755